Pet Food Value Chain
Porter s five forces analysis figure 22.
Pet food value chain. More than 850 000 people in over 110 000 businesses work in nrw along the food value chain which ranges from the input sectors of agriculture to the various consumer interfaces in the food retail trade or the food service industry. Is profitable throughout all of its stages economic sustainability. Global pet food extrusion market size north america is projected to dominate the extruded pet food products as well as pet food extrusion equipment markets during the review period this region comprises developing economies such as the us and canada which occupy a significant share of the global extruded pet food products market. Dogs currently represent one of the most preferred pets across the globe.
Amongst others the veterinarians and the shop assistants as the below graph with pet parent influencers will show you. Growth in pet adoption a rise in the pet population and the. Pet food market forecast in. The global pet food market generated revenue of 68 109 million in 2014 and is expected to garner 92 747 million by 2022 registering a cagr of 4 1 from 2016 to 2022.
The global dog food market size was worth us 53 billion in 2019. With 95 6 million cats and 83 3 million dogs owned in the united states it is no wonder that there is such a large market for the food that the self proclaimed pet parents feed them. The pet food industry is a market that boasts 21 57 billion dollars in sales in the united states 2013. However this goal is getting harder to achieve every year due to.
In 2019 north america is the largest geographical segment of the market studied and accounted for a share of around 39 2 of the overall market. The whole value chain must convey knowledge and transparency as pet food producers and pet food brands we are dependent on other links in the value chain to convey the knowledge and transparency. The global pet food market henceforth referred to as the market studied was valued at usd 87 08 billion in 2018 and it is expected to register a cagr of 5 4 during the forecast period. A food value chain fvc consists of all the stakeholders who participate in the coordinated production and value adding activities that are needed to make food products.
The global pet food market is driven by factors such as rising trend of nuclear families rapid humanization of pets and increased awareness about pet health. Value chain analysis figure 21. Pet food market in billion us 2014 2019 figure 25. The general diet of a dog should comprise a combination of carbohydrates minerals proteins fats vitamins and water.
Mehr als 850 000 menschen in über 110 000 betrieben arbeiten in nordrhein westfalen entlang der wertschöpfungskette ernährung. Pet food market in billion us 2014 2019 figure 23.